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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sherwood at 22832 SW Forest Creek Dr UNIT 203, Sherwood, OR, 97140 generates $1,994/mo in rent, after a $1,615/mo payment. Total monthly income is $1,994/mo. Return on cash invested sits at 14.23% in year one, and rental yield is 7.25% on a $329,999 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 74.28% and total cumulative return in cash sums $81,262. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,994/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$520 monthly HOA
Neighborhood data shown for ZIP Code: 97140, Sherwood, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,765 (100%) |
| Owner Occupied HU | 7,575 (77.6%) |
| Renter Occupied HU | 1,917 (19.6%) |
| Vacant Housing Units | 273 ( 2.8%) |
| Median Home Value | $715,341 |
| Average Home Value | $778,183 |
Residential
9,543
Single Family
8,920
Multi-Family
623
Businesses
841
Date | Event | Price |
|---|---|---|
| 2025-05-01 | Listed for sale | $329,999 |
| 2025-04-29 | Price change | $2,395 |
| 2025-04-11 | Listed for rent | $2,549 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $3037.34 | 2.45% | $154,710 | 3.00% |
| 2023-05-02 | $2964.82 | 11.77% | $150,210 | 3.00% |
| 2022-05-02 | $2652.70 | 1.32% | $145,840 | N/A |
Listed by: Chloe Zarfas • Better Homes & Gardens Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #269063257
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-05-02 12:01:44 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
